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Licensing

Reservoir Media signs global deal with Joni Mitchell to administer her publishing catalogue

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Reservoir Media has signed a new deal with Canadian songwriter and performer Joni Mitchell, which will see the NASDAQ-listed music company become the worldwide administrator of her publishing catalogue. "I'm looking forward to working with Reservoir," says Mitchell. Reservoir noted that "beyond her impressive formal recognitions, Mitchell is widely viewed as one of the most important songwriters and recording artists ever. She has transcended traditional music fandoms, becoming a hugely inspir...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Digital Economy

Warner Music Group renews and expands licensing deal with NetEase Cloud Music

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Warner Music Group (WMG) and China's music streaming platform NetEase Cloud Music have renewed aqnd expanded their strategic multi-year licensing agreement. Terms of the deal were not disclosed. The new deal will provide "multiplying opportunities in China for WMG's artists and songwriters and offering NetEase Cloud Music's highly engaged user base new and enhanced ways of engaging with their music," according to the two companies. In particular, the agreement expands the partnership from distr...

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Digital Economy

Universal Music Group renews and expands multi-year licensing agreement with TikTok

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Universal Music Group (UMG) and short format social media platform TikTok have renewed their new multi-year licensing agreement, which includes access to access to UMG's recorded music and publishing catalogues. The two parties said in a statement that the new agreement will be "further strengthening the existing relationship between the two companies, and providing additional benefits for artists, songwriters, creators, and fans." TikTok and UMG said the deal will foster "deeper engagement betw...

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Digital Economy

Spotify seals new licensing deal with Universal Music Group to enable a tool allowing users to create AI-driven licensed covers and remixes

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Spotify has negotiated new recorded music and music publishing licensing agreements with and Universal Music Group (UMG), which will enable the streaming service to launch a new AI-powered tool allowing users to create covers and remixes of their songs from participating artists and songwriters. The companies said in a statement that the new tool will "open up additional revenue streams and new ways to drive discovery." Royalties generated by the new scheme will add up to what artists and songwr...

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